The Nigerian Capital Development Fund (NCDF) has unveiled the Future Nigeria Development Initiative (FNDI) to drive impact investing, job creation, and sustainable development in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda.
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NCDF’s Executive Chairman, Hareter Oralusi, emphasized the initiative’s focus on startups, SMEs, renewable energy, and capacity building.
“FNDI is more than a funding program-it is a movement that will transform communities, create jobs, and drive national prosperity,” Oralusi said.
With discussions ongoing with the Edo State government, FNDI aims to mobilize over N500 billion in five years, creating 50,000 jobs and supporting 500+ startups and SMEs.
The initiative will provide funding for startups, SMEs, and social enterprises in agriculture, fintech, and renewable energy. It also includes training programs in entrepreneurship and financial literacy while offering business support and financial advisory services to enhance long-term project sustainability.
NCDF is calling on investors, financial institutions, and development partners to collaborate in advancing sustainable economic growth across Nigeria.
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